Imagine how dumb the people who pre-ordered these feel when they see how high bitcoin has shot up. Its concievable that by the time these are released, they will have paid double or triple the actual cost when you calculate opportunity cost.
yep one of those people...but my whole year was paying off mining equip with btc before it went compeltly nuts...then again...now that it is the end of the year...I needed every damn equip write off I could get...and STILL gonna owe IRS (maybe....if self-employed miner you can do solo 401k for yourself off miner income look into it) acts like equip 100% in solo 401k comes off
of gross income ..just like miner equipment
so in 20/20 hindsight...every dubious damn btc I spent last year with the price pump from 4.15 ltc to 250 buck LTC WAS BADLY NEEDED
thus.....obelisk being a mistake or not....I JUST am gonna squeak by and maybe pay 1 months mining to the IRS and state taxes ..rather then 6 months w/o the equip
and to tell the truth...the hoard would have been pretty much the same either way equip gotten or just mining previous
but yeah, the days of 12-14 semi-legit you get the equip asic flavor of your choice in 2 months and legit are gone....either crypto is gonna shoot up soooooo fast
that 2-3 month delays getting equip (remember bitmain on the 4.15 to 50 buck ltc pump took all the equip back ...i did a 6 week loan to them for a july firmware fix
and the machines showed up with jan 2017 firmware)
alas, crypto for equip used to work up till about maybe July of 2017....but again if crypto shoots up so fast it makes no sense...on the other hand ..if crypto dumps
sooooo fast it dont' make sense either and with bitmain at 90% of the equip of all flavors x11/scrypt-pow/sha-256...well I'm tossing in the towel
we will see around june of 2018
but may get another obelisk or two anyway with fiat/cash (no crypto) i have 50% off coupons so may get some for basement toys
other then toys thou....be careful is my advice ...I'm gonna cool my jets till again perhaps July 2018 or so for any serious data hall moves again (if ever)